Rob Drysdale Sales Representative

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7029 134 Street
West Newton Surrey V3W 4T1

$4,388,000
Multi-Family Commercial

Main Photo: 7029 134 Street in Surrey: West Newton Multi-Family Commercial for sale : MLS®# C8044425
Photo 1: 7029 134 Street in Surrey: West Newton Multi-Family Commercial for sale : MLS®# C8044425
Photo 2: 7029 134 Street in Surrey: West Newton Multi-Family Commercial for sale : MLS®# C8044425
Photo 3: 7029 134 Street in Surrey: West Newton Multi-Family Commercial for sale : MLS®# C8044425
Photo 4: 7029 134 Street in Surrey: West Newton Multi-Family Commercial for sale : MLS®# C8044425
Photo 5: 7029 134 Street in Surrey: West Newton Multi-Family Commercial for sale : MLS®# C8044425
Photo 6: 7029 134 Street in Surrey: West Newton Multi-Family Commercial for sale : MLS®# C8044425
Photo 7: 7029 134 Street in Surrey: West Newton Multi-Family Commercial for sale : MLS®# C8044425
Photo 8: 7029 134 Street in Surrey: West Newton Multi-Family Commercial for sale : MLS®# C8044425
Photo 9: 7029 134 Street in Surrey: West Newton Multi-Family Commercial for sale : MLS®# C8044425
Photo 10: 7029 134 Street in Surrey: West Newton Multi-Family Commercial for sale : MLS®# C8044425
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8044425
Build. Type:
Freestanding
The subject property is a fully tenanted, 14-suite, 3-storey apartment building on one legal fee simple parcel, totaling 20,487 square feet (0.47 acres). The property is zoned RM-45 (Multiple Residential 45 Zone), which currently allows for a maximum FAR of 0.70. The property is located adjacent to the "Newton Town Centre" development area within the City of Surrey's Official Community Plan, which designates the site for "Multiple Residential" use, with a base FAR of 1.5, and a maximum height of 6 storeys.
Sale Type:
Asset
Construction:
Concrete, Wood Frame, Mixed
Building Type:
Freestanding, Low Rise (2-4 stories), Multiple Tenant/Multi-Plex (5+)
# Bldgs:
1
# of Appartments:
14
# of 1 Bedroom Appartments:
4
# of 2 Bedroom Appartments:
10
# Storeys:
3.0
Year built:
1986 (Age: 36)
Total Floor Area:
11,500 sq. ft.
Lot Area:
20,487 sq. ft.
Lot Depth:
197
Lot Frontage:
104'
Land Use/Zoning:
RM-45
Permitted Use:
Multifamily (5+)
Taxes:
$12,759.26 / 2021
Balconies, Emergency Lighting, Laundry Facility, Secured Building, Visitor Parking, Fenced Yard
Services Connected:
Cable, Electricity, Fully Serviced, Garbage Collection, Paved Streets, Telephone, Sewer - Storm, Street Lighting, Sidewalk, Sanitary sewer at Lot Line
Water Supply:
Municipal
HVAC:
Common Water Heater, Mixed, Separate Controls
Roof:
Torch-On
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Gross Income:
$15,752,400
Original Price:
$4,388,000
  • Photo 1: 7029 134 Street in Surrey: West Newton Multi-Family Commercial for sale : MLS®# C8044425
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  • Photo 2: 7029 134 Street in Surrey: West Newton Multi-Family Commercial for sale : MLS®# C8044425
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  • Photo 3: 7029 134 Street in Surrey: West Newton Multi-Family Commercial for sale : MLS®# C8044425
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  • Photo 4: 7029 134 Street in Surrey: West Newton Multi-Family Commercial for sale : MLS®# C8044425
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  • Photo 5: 7029 134 Street in Surrey: West Newton Multi-Family Commercial for sale : MLS®# C8044425
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  • Photo 6: 7029 134 Street in Surrey: West Newton Multi-Family Commercial for sale : MLS®# C8044425
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  • Photo 7: 7029 134 Street in Surrey: West Newton Multi-Family Commercial for sale : MLS®# C8044425
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  • Photo 8: 7029 134 Street in Surrey: West Newton Multi-Family Commercial for sale : MLS®# C8044425
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  • Photo 9: 7029 134 Street in Surrey: West Newton Multi-Family Commercial for sale : MLS®# C8044425
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  • Photo 10: 7029 134 Street in Surrey: West Newton Multi-Family Commercial for sale : MLS®# C8044425
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Listed by NAI Commercial
Data was last updated July 6, 2022 at 09:10 PM (UTC)
ROB DRYSDALE
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